Dawgfather. I dont think you should be concerned about the temporary fall in Lithium demand from China. China is struggling with an economic downturn and this has impacted on Lithium demand. The key factor is the worldwide demand for Lithium. This is only going to grow in the forseeable future. There are many climate change deniers out there but the reality is that the world is going to electrify and lithium ion battery storage is the only game in town. Lithium price will be volatile but I believe the lithium demand will be insatiable for the next 5-10 years. The temporary China issues will be a mere blip. I have renewed confidence in LRS. I have been a holder for 5 years and a couple of years ago I almost gave up on CG and his motley crew. However LRS has transformed itself. Brazil is an excellent country to mine in and the Colina deposit is exceptional. The PAC prediction of a share price in the $1.50 range could easily be a reality within a year.
LRS chart, page-6051
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $518.2M |
Open | High | Low | Value | Volume |
18.0¢ | 18.8¢ | 18.0¢ | $1.230M | 6.659M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 3208042 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 4120 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 3194042 | 0.180 |
10 | 2076119 | 0.175 |
13 | 1511178 | 0.170 |
6 | 1836266 | 0.165 |
9 | 1597543 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 858 | 1 |
0.190 | 893057 | 7 |
0.195 | 1350333 | 10 |
0.200 | 2258106 | 13 |
0.205 | 568699 | 8 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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